Integrated Advisors Network LLC Sells 30,583 Shares of Exxon Mobil Co. (NYSE:XOM)

Integrated Advisors Network LLC lowered its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 37.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,889 shares of the oil and gas company's stock after selling 30,583 shares during the quarter. Integrated Advisors Network LLC's holdings in Exxon Mobil were worth $5,582,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of XOM. Garde Capital Inc. grew its holdings in shares of Exxon Mobil by 26.9% during the fourth quarter. Garde Capital Inc. now owns 5,083 shares of the oil and gas company's stock valued at $547,000 after buying an additional 1,077 shares during the last quarter. Wilkins Miller Wealth Management LLC bought a new position in Exxon Mobil in the 4th quarter valued at about $622,000. Liberty Square Wealth Partners LLC acquired a new position in Exxon Mobil during the 4th quarter valued at about $694,000. Great Valley Advisor Group Inc. increased its holdings in Exxon Mobil by 1.8% during the 4th quarter. Great Valley Advisor Group Inc. now owns 83,589 shares of the oil and gas company's stock worth $8,992,000 after purchasing an additional 1,512 shares in the last quarter. Finally, Cypress Asset Management Inc. TX purchased a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $1,701,000. Institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on XOM shares. The Goldman Sachs Group cut their target price on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. UBS Group reduced their price objective on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. HSBC decreased their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research note on Friday, January 31st. Finally, Morgan Stanley cut their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $125.50.

Exxon Mobil Stock Performance

Shares of NYSE XOM traded up $0.45 during trading on Tuesday, reaching $103.48. 13,011,033 shares of the stock traded hands, compared to its average volume of 15,545,595. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The stock has a market capitalization of $445.96 billion, a P/E ratio of 13.20, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 52-week low of $97.80 and a 52-week high of $126.34. The company has a 50-day moving average of $108.01 and a 200-day moving average of $110.13.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. The company had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. Exxon Mobil's revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.06 EPS. Analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.99 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.83%. Exxon Mobil's dividend payout ratio is currently 52.52%.

Exxon Mobil Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.